Search results for “strategic investment”
Local travel service Yikuaiqu prepares New Third Board listing
04/06/2016|11:23:53 AM|
Chinese local travel platform Yikuaiqu.com may become the first of its kind to get listed on the New Third Board. The company expects to be profitable within three years despite fierce competition in the segment
Spring Airlines Japan partners with Japanese retailer and seeks 1 billion yen
12/25/2015|5:51:45 PM|
China’s Spring Airlines Group and major Japanese retailer chain Bic Camera have formed a strategic partnership.
Meituan-Dianping launches air ticket booking to challenge top dog Ctrip
12/24/2015|11:18:57 PM|
Meituan-Dianping has quietly launched air ticketing service online to add to the earlier release of hotel booking functions.
Hotel giant Plateno Group launches travel app Plateno Trip
12/09/2015|6:18:05 PM|
Plateno Group has announced in Guangzhou that it will launch new hotel brands – Pin Hotel, Pinle Hotel and RuiChen Hotel, and new online brand Plateno Trip.
Dealing with OTAs isn’t only about incremental revenues
03/28/2016|10:15:06 PM|
Foreign hotels are looking into issues related to pricing, brand integrity and distribution infrastructure when it comes to dealing with OTAs in China.
UTour may gain 10% shares plus a board seat in Ctrip's vacation business
03/17/2016|9:33:15 AM|
UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
Uber China to invest US$985 million for expansion and new carpool service
11/27/2015|3:25:02 PM|
China has completed a B Series financing from investors including Baidu, China Taiping Insurance and Hainan Airlines.
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